Pilatus Aircraft Ltd reported that the company generated its highest ever sales revenue and operating income in 2010 and delivered its 1000th PC-12 mid-year. Pilatus achieved the highest sales result yet of CHF 688 million which was driven by a large order placed by the United Arab Emirates Air Force & Air Defence and a
Aviation Capital Group (ACG) has closed the sale of $750 million of its 6.750% senior notes due April 6, 2021. Proceeds from the offering will be used for general corporate purposes. In 2010, ACG issued $600 million of Rule 144A senior notes and $255 million of privately placed unsecured notes. Including the sale of the
Aviation Capital Group (ACG) has closed the sale of $750 million of its 6.750% senior notes due April 6, 2021. Proceeds from the offering will be used for general corporate purposes. In 2010, ACG issued $600 million of Rule 144A senior notes and $255 million of privately placed unsecured notes. Including the sale of the
IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse. HKAC closed the delivery of the new aircraft with financing from China Development Bank. HKAC now has a total of eight A320s on lease
IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse. HKAC closed the delivery of the new aircraft with financing from China Development Bank. HKAC now has a total of eight A320s on lease
Air Lease Corporation (the "Company") announced the launch of its initial public offering of 25,000,000 shares of Class A Common Stock. All shares included in the initial public offering are being sold by the Company. The estimated initial public offering price is between $25.00 and $28.00 per share. The Company
Embraer and Minsheng Financial Leasing, a subsidiary of China Minsheng Banking Co., jointly announced the signature of a strategic cooperation agreement between the two parties. The agreement is designed to create financing opportunities for selling Embraer executive jets to China and the international market and to jointly promote executive aviation in China. In light of
Air Lease Corporation (the
Embraer and Minsheng Financial Leasing, a subsidiary of China Minsheng Banking Co., jointly announced the signature of a strategic cooperation agreement between the two parties. The agreement is designed to create financing opportunities for selling Embraer executive jets to China and the international market and to jointly promote executive aviation in China. In light of
Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to
